Only time will tell, but when you look at our own Fed and bond market, what would interest rates look like if the Fed stopped buying? And if rates went up to normal levels, what would our national budget look like? In a practical sense we are in a trap with no way out but more Quantitative Easing.
Veteran fears 'beginning of the end' for Japan as bond market buckles - Telegraph:: www.telegraph.co.uk/finance/economics/10077273/Vet....html
https://chumly.com/n/1ca8d15
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